New Credit Card...Whats Good Out There??

seanni

I like to travel and im sure iv seen some cards with an option to build air miles up.

giblet10

I just based the above on me being only a year out of IVA and having only had Vanquis and Metro Bank new credit cards on my account - and Tesco said yes..

wiseshark

giblet10 wrote: »

I recently joined Metro Bank - I only had Vanquis at the time and sailed through their checks - they'll give you the opportunity to request your preferred limit - I knew that the effective agent floor limit was £5k so I asked for that - granted on the spot and left the store with my card in hand!

Metro bank also employ a very tough credit score to be accepted.
Their 13% APR is very competitive and it's for all their customers regardless of the fact that some have way better credit scores than others. This can only mean that their overall pass rate has to be tight. I bet they are turning away a great deal of customers.

chattychappy

seanni wrote: »

I like to travel and im sure iv seen some cards with an option to build air miles up.

Really depends on your spend levels - Amex chargecards have good schemes, but you need to pay an annual fee.

But for spending overseas, consider Santander Zero, Sainsbury Gold (I think that's the one), Post Office, Halifax Clarity, Nationwide Select.

Most normal cards load by 2.75% on overseas spend. That can pretty much eclipse any airmile benefit.

Timmy100

chattychappy wrote: »

Really depends on your spend levels - Amex chargecards have good schemes, but you need to pay an annual fee.

But for spending overseas, consider Santander Zero, Sainsbury Gold (I think that's the one), Post Office, Halifax Clarity, Nationwide Select.

Most normal cards load by 2.75% on overseas spend. That can pretty much eclipse any airmile benefit.

Amex.... ok so iv heard so many different reviews and opinions on Amex, so it requires an anual fee? for what? and also i have heard they dont accept Amex in many places for everyday things. I looked at a Virgin airline card and even there cards airmiles arnt fantastic.

GloverR

Yes iv always been interested in Amex also but im not to sure of the pro's and con's with them. also what is the centurion card all about?

peggyKu

OK heres the info:

The American Express Black "Centurion Card": Why It's the Millionaire's Choice

Since 1999, the American Express Black or "Centurion Card" has been a credit card associated with wealth and power. There are actually two different versions of the card as well; there is a business model, as well as a personal card.
Due to its elite status and perks, a card holder must be invited by the American Express Company and not many invitations go out. As to how an individual qualifies for the card, the public can only speculate that credit score, net worth and a certain spending criteria be met; however, the qualifications for the card are not publicized. For a business to qualify, it is speculated that the business's gross earnings must total a certain amount as well as having an immaculate credit score and a large spending history; yet, just like the individual qualifications, the business qualifications are not publicized.
It is not as simple as just being invited though, after one is invited to become a "Centurion Card" holder there is a $5,000.00 onetime fee (U.S.) along with a yearly $2,500.00 fee. Originally the card was made of plastic like many other credit cards; but, more recently the card has been produced out of a titanium allow, which is the same thickness as the plastic, but has been known to not scan properly. So if it is so elite and so expensive, what are the benefits?
The benefits to the American Express Black card are not only monetary, the card acts as an all access pass to many services and unique clubs that are hard to access. Some of the perks for United States card holders include an on call travel agent, companion airfare (some restrictions), personal shoppers at various locals, airport club access and flight upgrades. As for hotel service, the "Centurion Card" is an all access pass to room upgrades, free nights and individual elite hotel clubs. There are many other perks for those who travel internationally and hold international black cards as well, and those are just the advertised benefits. In addition to all of the access, the card has become a symbol of wealth and power.
Any individual holding a Black Card is typically received with respect and care, because most service attendants see the credit card as a symbol of the elite. All of the benefits cater to a higher earning clientele and the card is in high demand. The American Express Black Card is sought after by millionaires around the world due to its elite access capabilities and the respect that is brings. Competitors are creeping up with card comparable to the American Express Black card, but currently American express still has the upper hand offering more benefits and having more experience than the newer competitors.

chattychappy

peggyKu wrote: »

The benefits to the American Express Black card are not only monetary, the card acts as an all access pass to many services and unique clubs that are hard to access. Some of the perks for United States card holders include an on call travel agent, companion airfare (some restrictions), personal shoppers at various locals, airport club access and flight upgrades. As for hotel service, the "Centurion Card" is an all access pass to room upgrades, free nights and individual elite hotel clubs. There are many other perks for those who travel internationally and hold international black cards as well, and those are just the advertised benefits.

blah blah blah...

Usual baloney from Amex!